Who do fca rules apply to

The Conduct Rules apply to all firms, and to all staff within a firm, with the exception of ancillary staff (e.g. Receptionists, Reprographics staff, Security Guards). Importantly, they apply to both regulated and unregulated financial services activities.

Who needs to comply with FCA?

Do you need to be FCA authorised? Generally, if you are engaged in financial services in the UK then you will require FCA authorisation. Under the Financial Services and Markets Act 2000 (FSMA), a person carrying out a specified activity relating to a specified instrument requires FCA authorisation.

Who is regulated by the FCA?

The Financial Conduct Authority (FCA) regulates the financial services industry in the UK. Its role includes protecting consumers, keeping the industry stable, and promoting healthy competition between financial service providers.

Who can the FCA take action against?

We can prosecute firms and individuals who commit financial crime (for example, market manipulation or insider dealing). We can also prosecute firms and individuals who undertake regulated activities without authorisation.